TEXRAIL trade ideas
TEXMACO RAIL & ENG - GOOD VOLUMELooking good to enter at 180
if again falls 🔻then you need to average at 150 level
Targets - 232,285,350+
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BUDGET SPECIAL STOCKThe stock has given successful breakout from the previous high and volumes looks very promising...
The stock has some cons. But to me chart is always superior so I choose this stock ..
Buying at CMP
Sl below 110 weekly closing
Tgt 280-300++
Will trail if gets it ..
What attracts me to this stock :
Hidden railway stock
Upcoming budget
Company order book
Increasing FII/DII stakes
Increasing profits
Decreasing public holding
Note :This is my own view on this stock and not any personal recommendation to buy or sell the stock mentioned in this analysis..
TEXRAILNote: This is for informational purposes only and not a recommendation to buy or sell.
Pattern: Triangle Pattern
Breakout Signal : Ready to breakout
Historical Data: 2015-2024 High breakout observed
Retest: Successfully completed, indicating potential strength
Point of Control (POC): Located at 178, a critical level
Trade Scenario:
Short-Term Target Range: 208 to 236
The chart displays a well-defined triangle pattern, signaling a potential breakout. Historical data from 2015 to 2024 indicates a significant breakout from previous highs. A successful retest has been completed, suggesting increased market confidence.
Hammer bullish : The hammer candlestick is a bullish trading pattern that suggests a stock has found its bottom and is poised for a trend reversal. It means that sellers entered the market and drove the price down but were eventually outnumbered by purchasers, who drove the asset price up.
Note: This analysis is for educational purposes only and does not constitute financial advice. Always do your research and consider your risk tolerance before making any investment decisions.
India's Non-Stop Bullet Train - TEXRAIL - Choo Choo Train :)TEXRAIL turned out to be a Multi-bagger in 2023. The initial call was given at 64 for a target of 116, 136, 157. It blasted all 3 targets in less than 8 months resulting in a profit of more than 2.75x - Amazing Isn't it
Recently the Indian Govt has announced major investment of more than 1 Lakh Crores into Railways & Infrastructure and among the Railway Themed Stocks - TEXRAIL plays a prominent Role.
Our Multi-Timeframe Analysis shows following results
1. Monthly - Huge Cup & Handle BO done with targets of 240, 290
2. Daily - Even on the Shorter Term - It looks Super Bullish above 180 resistance levels. Another Smaller Cup & Handle BO done at Daily TF with target of 215
All we need is a strong close above 181-185 WCB for the Choo Choo Train to Blow its Horns and Chug along :)
Disclaimer:
Stocks-n-Trends is NOT a SEBI registered company. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions.
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#TEXRAIL trade idea setupGreetings Folks,
today i have prepared a setup on TEXRAIL on NSE
the analysis is as follows|
- currently pumping bcoz of rail narrative
- following dynamic support
- forming a chart pattern which is bullish
- previous high broken with volume
dont play with fire, always use a predefined stoploss
Texrail wonderful journeyDear viewers, Please don't invest on my shared. I am a novice investor like you. I am trying to learn like others. I share sometimes if I found any chart intresting. It may be overbought so be cautious .. please study all charts yourself and take decision based on your own undertaking.
#TEXMACO RAIL long trade idea setupGreetings Folks,
today i have prepared a setup on TEXMACO on nse
my analysis as follow
- price ranging around the same static resistance
which is also the ATH
- overall sector is bullish so we only see one way
$ INVESTOR TIP $
- Never time the market, you will fail 99% times if you try to predict the trend of market
Dont play with fire, always use pre defined stoploss